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Nintendo hasn't released anything big since Mario Kart last year. I would bite me tounge, they are going to have massive titles for the second half of the year.

Iwata basically said as much in the Nintendo financial briefing (last year they had bigger titles in the 1st half of the year with Smash Bros + Wii Fit + Mario Kart, this year, they will have bigger titles in the 2nd half).

If Sony releases a PS3 Slim, MS will counter with a 360 Slim. Bank on it.